Industry News

Ghana to invest $6 billion to develop domestic aluminum industry

Views : 243
Update time : 2021-09-17 19:11:07
Akufo-Addo, the president of Ghana, announced on September 14 that Ghana Integrated Aluminium Development Corporation (GIADEC) will launch four key projects, with a total investment of US$6 billion, aiming to ensure full utilization of Ghana’s bauxite.

The projects included the expansion at the existing Awaso bauxite mine in northwestern Ghana and building a refinery, the establishment of a new mining project and a refinery in Nyinahin-Mpasaaso and Kyebi respectively, as well as the upgrade of the Volta Aluminum Company’s smelter in Tema.

The president emphasized that the four projects will proceed in an environmentally friendly way with reasonable bauxite mining.
Related News
Read More >>
Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range
Mar .06.2025
Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Mar .06.2025
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
Mar .06.2025
Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
Mar .06.2025
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag